Driving Insurtech Growth with Efficient and Scalable Hiring
A dynamic force in the Insurtech sector, the client has revolutionized insurance services by offering easy comparison of life, health, car, and bike insurance policies. With partnerships across leading insurance providers, they provide customers with a variety of tailored options, including support for claims processing. As the client looked to expand rapidly into Tier 1 and Tier 2 cities, their growth ambitions required a hiring strategy that could keep pace with their evolving needs.
The expansion plans presented a unique challenge. To establish a foothold in untapped insurance services markets, the client needed a significant boost in manpower recruitment—but their existing hiring framework wasn’t equipped to scale quickly. With time-sensitive business goals and a vision for growth, they sought help from a reliable, national, compliant, and agile staffing partner in India who could provide not only speed but also the adaptability to meet shifting demands across diverse locations.
TeamLease stepped in as a trusted staffing partner, assembling a dedicated team of 5–7 skilled recruiters focused exclusively on the client’s hiring requirements. Understanding the urgency, TeamLease streamlined recruitment processes for a flexible workforce to ensure swift and efficient ramp-ups. Within just two weeks, over 200 associates were onboarded across Tier 1 and Tier 2 cities, aligning perfectly with the client’s expansion roadmap. By deploying a scalable hiring strategy plan, TeamLease enabled the client to meet immediate contract employees need while laying the groundwork for future growth across India. The results spoke volumes. In previously untapped markets, the client achieved a remarkable 43% CAGR growth in associate hiring, establishing a strong market presence. This rapid scale-up not only supported their expansion goals but also inspired confidence among investors, fueling further growth. With a robust and flexible workforce in place, the client is now positioned for long-term scalability and success in the ever-evolving Insurtech landscape.
